Federal Appeals Court Stays Nationwide Injunction of Corporate Transparency - Act #2
By EsqSocial Corporation 26/12/24
An appellate panel has stayed the nationwide injunction issued by a federal judge in Texas that halted enforcement of the Corporate Transparency Act (CTA). Hours later, the U.S. Financial Crimes Enforcement Network (FinCEN) posted an alert on its website that said it would extend some of the law's filing deadlines because the government “recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect.” (See a full...
By: Fox Rothschild LLP